$0 Closing Cost Mortgage

This is a $0 Closing Cost first mortgage refinance program, offered by North Shore Bank (Bank), up to 85% Loan-to Value (LTV), based on current property value. A fixed annual percentage rate (APR) for either 3 or 5 years is available. Quoted interest rate is subject to change daily. Rates offered for 1-4 family owner occupied properties with a repayment term of up to 30 years. As of 04/02/08 these interest rates are 5.875%APR for 3 years, or 6.375%APR for 5 years with monthly payments based on $5.92 or $6.24 respectively per $1,000 borrowed. Call for current rates. A minimum principal and interest monthly payment of $100 is required. Paying minimum monthly payments will result in a balloon payment due at maturity of the selected fixed rate term or the interest rate may be renegotiated with monthly payments then based on the remainder of the original loan repayment term. A $350 early repayment fee applies during the first year. Valid on 1-4 family owner occupied qualifying property in Bank lending area. Property, flood and title insurance may be required if applicable to the property and loan amount being financed. Subject to approval and underwriting guidelines of Bank.